In which of these continuums of degrees of competition (highest to lowest) is monopolistic competition properly placed?

A) pure competition, oligopoly, pure monopoly, monopolistic competition
B) oligopoly, pure competition, monopolistic competition, pure monopoly
C) monopolistic competition, pure competition, pure monopoly, oligopoly
D) pure competition, monopolistic competition, oligopoly, pure monopoly

Degrees of Competition

The extent to which different businesses within a market or industry compete with one another.

Monopolistic Competition

A market structure where many companies sell products or services that are similar, but not identical, allowing for significant control over pricing.

Pure Monopoly

A market structure where a single supplier provides a unique product or service with no close substitutes, controlling the entire market.